Monday, 22 March 2021

Muscle Stimulator Market Is Seeing Explosive Growth by Future Industry Winners: Forecast, 2020-2027

 Market Scenario:

The muscle stimulators use electric current to elicit contraction in muscles or nerves. The electric signal has intensity and frequency which mimics the nerve signal system. The market for muscle stimulator is rising due to drivers such as increasing popularity of sports and increased demand for fitness products, increasing healthcare expenditure and rising affordability of muscle stimulators, demand for non-invasive technology devices and growing preference for muscle stimulators among physiotherapists etc. The rising population of geriatrics is also a strong stimulant. According to the world health organization by 2050, the world’s population aged 60 years and older is expected to total 2 billion, up from 900 million in 2015.

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The world health organization also estimates that today, 125 million people are aged 80 years or older. Thus the huge rise in geriatrics around the globe, will drive the market due to greater frequency of muscle ailments in the geriatrics population. There has been increasing incidence of muscle diseases and disorders such as low back pain, spinal injuries etc. are driving the market. The rise of risk factors such as growing prevalence of diabetes, increasing incidence of accident injuries, occupational injuries etc. is driving the growth of these diseases.

The restraints include competition from alternative therapies such as acupuncture, yoga, and aroma therapy etc., lack of usage guidelines and safety concerns and regulatory uncertainties in the US.

Considering all these factors the market for muscle stimulator is expected to reach $ 768.3 million by the end of 2023, this market is projected to growing at a CAGR of ~ 6.1 % during 2017-2023.
Study objectives:

  • To provide detail analysis of the market structure along with estimated future growth forecast for the next 6 years about various segments and sub-segments of the global muscle stimulator market.
  • To provide insights about factors affecting the market growth.
  • To analyze the global muscle stimulator market based on various factors – price analysis, supply chain analysis, Porters Five Force Analysis etc.
  • To provide past and estimated future revenue of the market’s segments and sub-segments with respect to four main geographies and their countries – Americas, Europe, Asia-Pacific along with Middle East & Africa.
  • To provide country level analysis of the market with respect to the current market size and future growth prospect.
  • To provide country level analysis of the market’s segments which includes by products, and by application.
  • To provide overview of key players and their strategic profiling in the market, comprehensively analyzing their core competencies and drawing a competitive landscape of the market.
  • To track and analyze developments which are competitive in nature such as joint ventures, strategic alliances, mergers and acquisitions, new disease developments along with research and developments currently taking place in the global muscle stimulator market.

Key players of Global Muscle stimulator Market:

Key players profiled in the report are DJO Global, Inc., Mettler Electronics Corp., Axiobionics, Zynex, NeuroMetrix, Inc., OMRON Corporation, Tone-A-Matic and others.

Segments:

The global muscle stimulator market is segmented on the basis of products. Based on the products, the market has been segmented as transcutaneous electrical nerve stimulator, burst mode alternating current, neuromuscular electric stimulation, and interferential current. Based on the application, the market has been segmented as pain management, neurological and movement disorder management and musculoskeletal disorder management.


Regional analysis

US accounts for the maximum market share due to favorable reimbursement scenario and greater expenditure on healthcare. Europe is the second largest market due to large disposable income and rising awareness. Asia pacific region will be the fastest region because of large unmet needs which will be led by China and India. The Middle East and Africa market will be led by the gulf nations particularly Saudi Arabia and UAE. The poor regions of Africa is expected to be a laggard due to poor economic and political conditions.

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Mhealth Applications Market – Future Need Assessment 2027

 Market Scenario:

mHealth is one of the most innovative and disruptive trends in healthcare sector that is growing at prodigious rate from last few years. mHealth is changing the way of traditional medical practices and creating path for the future of healthcare. mHealth assists to check and maintain the health related activity by using technology such as Bluetooth, mobile network (GSM/GPRS/3G/4G), and Wi-Fi. The data collected by mHealth devices such as mobile phones, tablets, laptops and tablet PCs assist to medical professional, consumers, and other users.

Considering the global scenario of the mHealth applications market, the total market for mHealth application was US$ XX billion in 2016 and expected to reach US$ 100.2 billion by 2023. While considering the segments, monitoring application is holding largest market share that is about 53.8% in 2016.

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Key Players for Global mHealth Applications Market:

Some of the key players in this market are: Allscripts (US), Agamatrix, Inc. (US), Apple Inc. (US), Honeywell International Inc. (US), Medtronic MiniMed, Inc. (US), Vivify Health (US) and iHealth Labs Inc. (US).

Segments:

Global MHealth applications Market has been segmented on the basis of type which comprise Monitoring Applications, Diagnosis & Treatment, Education & Awareness, Healthcare Management, Wellness & Prevention, and others.

Research Methodology:

Regional Analysis of Global mHealth applications Market:

Considering the global scenario of the market, Europe was holding largest market share of 31.7% in global mHealth applications market in 2016. Asia-Pacific is second largest and fastest growing market in global mHealth applications market. APAC is expected to grow at a CAGR of 33.7% during 2017-2023. North America is one of pioneer in mhealth and is slightly behind the APAC. North America is expected to reach USD 28762.1 million by 2023. On the other hand. Middle East and Africa (ME&A) mHealth was valued USD 1334.9 in 2016 and is expected to grow at steady pace during the forecast period.

The report for Global mHealth Applications Market of Market Research Future comprises extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different markets segments and regions

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Safety lancet Market – Future Need Assessment 2027

 Market Scenario:

The Safety Lancet Market is a dynamic and vital component of the healthcare industry. Developments in the medical device industry are made to simplify the diagnosis, prevention and treatment of various diseases. Every component of this industry plays an important role in the Safety Lancet Market sizing. One of such device is safety lancet, which is capturing a huge market share due to its application. The Safety Lancet Market can be further divided into push button safety lancet, pressure activated safety lancet and side button safety lancet.

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The global Safety Lancet Market is expected to reach USD 2,305.1 million in 2023 from USD 1,056.2 million in 2016 with a CAGR of 11.8% during the forecast period 2017-2023.

Key Players for Global Safety Lancet Market:

Some of the key players in this Safety Lancet Market are: F. Hoffmann-La Roche AG, Becton, Dickinson and Company, Terumo Medical Corporation, Bayer AG, HTL-STREFA S.A., Sarstedt AG & Co., Improve Medical Technology Co. Ltd and others.

Safety Lancet Market Segments:

Global Safety lancet Market has been segmented on the basis of types which comprises of push button safety lancet, pressure activated safety lancet and side button safety lancet. On the basis of end user, it comprises of hospitals & clinics, diagnostic centers and pathology laboratories, home diagnostics and other end users.

Regional Analysis of Global Safety Lancet Market:

The global Safety Lancet Market is growing steadily. The Safety Lancet Market is growing with the CAGR of 11.8% during the forecast period from 2017-2023. Blood sampling safety lancet are the most common devices used in hospitals, clinics, diagnostic centers and home monitoring. The global safety lancet market reached USD 2,305.1 million in 2023 from 1,056.2 million in 2016. Europe region captured the largest Safety Lancet Market globally and is expected to reach USD 1,032.7 million by 2023 due to the growing demand and need for safe blood glucose tests in hospitals, clinics, diagnostics centers etc. and the growth of insulin users.

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Us Melanoma Market Emerging Trends, Size, Share and Growth Analysis by 2027

 Melanoma is a type of cancer that develops from pigment containing cells known as melanocytes. It is the most dangerous type of skin cancer. Sometimes they develop from moles showing significant change in color, increase in size, itchiness, irregular edges, changein color or skin breakdown. Exposure to ultra violet light in people with low pigment levels. The tumor can be either malignant or benign. Types of melanoma are superficial spreading melanoma, nodular melanoma, lentigo maglina melanoma, acral lentigious melanoma and others. About 98% of melanoma is localized in the US. Skin cancer are most common cancers in the US. Treatment available for melanoma include biologic therapy, immune therapy, radiation therapy, chemotherapy and surgery. Ultra violet exposure is known as risk factor of melanoma. Superficial spreading melanoma is the type of melanoma affecting large number of people in the US. The disease is more common in men than women.

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The US market of melanoma is expected to reach US$ 3.2 billion in 2023 from US$ 2.4 billion in 2016 with a CAGR of approximately 8.3%.

Segments:

US melanoma market has been segmented on the basis of type (superficial spreading, nodular, lentigo maglina, acral lentigious and others), by gender (male and female), by treatment (immunotherapy, biologic therapy, radiation therapy, chemotherapy, surgery and others), by diagnosis (ABCDE, ugly duckling, biopsy, and others) and by end users (hospitals, pharmaceutical companies, research centers, clinics, laboratories).

Regional Analysis of Melanoma Market:

Melanoma market in the US is divided into states comprising of Georgia, New Jersey, North Carolina, New York, Florida, Illinois, Ohio, Pennsylvania, Texas, Washington, California and, Virginia and Rest of US. California accounts for the largest market for melanoma in US followed by Florida and Ohio. California and Florida are key regions for melanoma market. Large number of melanoma cases are found in this region.  New York is the third largest market after Florida. According to American Society of Dermatology, prevalence of melanoma is gradually increasing.  and this spreads across the body. Number of skin cancer patients is growing steadily in Florida and Texas. This is due to their exposure to ultraviolet rays and extensive use of tanning beds in these regions. Technological advancement in the field of treatment and diagnosis of melanoma in the US also drives this market. The Food and Drug Administration (FDA) classifies tanning beds as “moderate risk” devices.

Key Players for Melanoma Market:

Some of the Key Players in this market are: Amgen, Inc., Bristol-Myers Squibb, Eisai Co. Ltd., F. Hoffmann-La Roche Ltd., Genentech Inc. Janssen Biotech, Inc., and Novartis International AG. Pfizer, Vical and Ziopharm.

The report for US melanoma market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different markets segments and regions.


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Global Orthotic Devices Market to Witness Steady Growth through 2027

 Support, braces or splints which are to prevent, support, align or to correct the functioning of movable parts of the body like knee, shoulder, wrist, neck, etc. are known as orthotic. These devices are used to change the structural features of neuromuscular and skeletal system. These devices help to improve the functioning of injured body parts. The main function of these devices is to support the back, joints, limbs and muscles and help them to regain their functionality again so the one can carry out day to day activities smoothly.

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Orthotic devices are mainly use to overcome traumatic injuries and restore the body parts. These devices help to relieve inflammation of joints and speed up healing of damaged body parts. Individuals with muscular dystrophy, spinal bifida and scoliosis and joint injuries need orthotic devices for support and rehabilitation. These devices are sometimes used for implantation in patients requiring amputation of limbs.

The market of orthotic devices in Middle East and Africa is growing steadily because of the rising prevalence of lifestyle diseases like diabetes and obesity, ageing population and other foot injuries. The Middle East and Africa market of orthotic devices is expected to reach US$ 500 million in 2023 from US$ 350 million in 2016 with a CAGR of approximately 7.4%.

Study Objectives of Orthotic Devices Market:

  • To provide detailed analysis of the market structure along with forecast for the next 6 years of the various segments and sub-segments of the Orthotic Devices Market
  • To provide insights about factors affecting the market growth
  • To analyze the orthotic devices market based on various factors – price analysis, supply chain analysis, porters five force analysis etc.
  • To provide historical and forecast revenue of the market segments and sub-segments with respect to Middle East & Africa.
  • To provide country level analysis of the market with respect to the current market size and future prospective
  • To provide country level analysis of the market for segments by type, by end users and its sub-segments
  • To provide overview of key players and their strategic profiling in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
  • To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Middle East and Africa Orthotic Devices market.

According to type, orthotic devices market is segmented as orthopedic braces and support (upper extremity including shoulder, neck, elbow, wrist and spinal and lower extremity including knee, ankle and hip) and orthotic splints (upper extremity splints and lower extremity splints).

Key Players for Orthotic Devices Market:

Some of the Key Players in this market are: Alvimedica (Turkey), Saudi Pharmaceutical Industries & Medical Appliances Corporation (Saudi Arabia), Itamar Medical (Israel), Alshifa Medical Syringes Manufacturing Co. (Saudi Arabia) and Jamjoon Hospital Supply (Saudi Arabia).

Segments:

Middle East and Africa Orthotic Devices market has been segmented on the basis of types comprising of orthopedic braces and support and Orthotic splints; by anatomical area supported, by material used, by application and by end users. In Middle East and Africa, orthotics market is segmented into regions namely Middle East, Africa and rest of Middle East and Africa on the basis of end users which consists of sports, medical use and others.

Regional Analysis of Orthotic Devices Market:

In Middle East, Saudi Arabia and United Arab Emirates are the key regions for orthotic devices market. Saudi Arabia is the largest market for Orthotic devices. The Saudi Arabia market for orthotic devices is expected to grow at a CAGR of 7.0% and is expected to reach at US$ 100 million by the end of the forecasted period. This is due to increasing prevalence of diabetic patients, obesity and change in lifestyle. United Arab Emirates is the second-largest market for Orthotic Devices which is expected to grow at a CAGR of 5.8%. Africa shows slow growth in this market.

The report for Middle East and Africa Orthotic Devices market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different markets segments and regions.

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Cardiac Surgery Instruments Market Statistics Analysis 2020-2027

 Market Scenario:

Cardiac Surgery Instruments Market is expected to grow significantly over the forecast period. The Global Cardiac Surgery Instruments Market was valued at approximately USD 1,160 Million in 2017 and is projected to register a 7.5% CAGR over the forecast period.

Cardiac surgery instruments are special tools used during heart surgeries. These devices are used in operating heart-related problems such as blockages in arteries and veins, improper functioning of aortic valve, arrhythmia, and heart attacks.

The key factors driving the market growth are the increasing prevalence of cardiac diseases, growing geriatric population with either one of heart diseases, sedentary lifestyles, and a lack of exercise. Moreover, the stress and hectic lifestyle causing heart diseases also boost the cardiac surgery instruments market.

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However, factors such as stringent government regulation associated with medical devices and price capping for medical devices are expected to hamper the market growth. 

Segmentation

The global cardiac surgery instruments market has been segmented into product, application, and end users, and region.

Based on product, the global market has been segmented into forceps, clamps, scalpels, scissors, spreaders, needle holders, and others. On the basis of forceps, the market has been further sub-segmented into vascular forceps, grasping forceps, and other forceps.

Based on application, the global market has been divided into coronary artery bypass grafting, heart, valve surgery, pediatric surgery, heart transplant, and others.

The global market, by end user, has been segmented into hospitals & clinics, ambulatory surgical centers, and others.

The global cardiac surgery instruments market, by region, has been segmented into the Americas, Europe, Asia-Pacific, and the Middle East & Africa. The cardiac surgery instruments market in the Americas has further been segmented into North America and Latin America, with the North American market divided into the US and Canada.  

The European cardiac surgery instruments market has been segmented into Western Europe and Eastern Europe. Western Europe has segmented into the UK, Germany, France, Spain, Italy, and the rest of Western Europe.

The Asia-Pacific cardiac surgery instruments market has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific.

The cardiac surgery instruments market in the Middle East & Africa has been segmented into the Middle East and Africa. The increasing development in healthcare infrastructure and the growing economy in countries such as Kuwait, Iran, Israel, and Iraq drive the market growth in this region.  

Key Players

B.Braun Melsungen AG (Germany), KIS Martin Group(Germany), Sklar Surgical Instruments (US), Teleflex Incorporated (US), Symmetry Surgical Inc (US), Medicon eG (Germany), STILLE (US), Delacroix-Chevalier (US) , Cardivon Surgical Inc. (China), Boss Instruments Ltd (US) , Wexler Surgical (US), and Scanlan International (US) are some of the key players operating in the global cardiac surgery instruments  market.

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Orphan diseases Market – Qualitative Insights by 2027

 Global orphan diseases market also known as rare disease is growing rapidly. It affects a very small percentage of the global population. Most of the orphan diseases are genetic and is remains throughout the life of the patient. There are no exact number of diseases available but approximately there are about 7000 different rare diseases and disorders throughout the globe. Global orphan diseases market is expected to grow at the average CAGR of 24.9% constantly throughout this period 2015-2022. It is also expected that this market which was US$ 121.6 billion in 2015 will grow to US$ 576.9 billion by 2022.However due to lack of awareness, correct diagnosis, correct treatments and availability of healthcare facilities are inhibiting the growth of the global orphan diseases market.

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Segments:     

Global orphan diseases market has been segmented on the basis of types of diseases which includes autoimmune disorders, genetic disorders, blood disorders, cancer, growth disorder, cardiovascular diseases, neurological disorders, respiratory disorders, digestive disorders, eye disorders and others. On the basis of treatment type it segmented into gene therapy, cell therapy, drug therapy and others. On the basis of end user the market is segmented into hospital and clinics, research laboratory and others.

Regional Analysis of Global Orphan diseases Market:  

Considering the global scenario of this market, North American region is believed to be the largest market of the global orphan diseases market. Moreover the European market is also growing and is the second largest market for global orphan diseases. On the other hand, Asia-Pacific’s orphan disease market is expected to grow at a significant rate during the forecasted period. Rest of the World is likely to have a limited but steady growth with respect to this market.

Key Players for Global Orphan diseases Market:  

Some of the key players in this market are: Bristol-Myers Squibb Company (US), Novartis AG (Switzerland), CELGENE CORPORATION (US), F. Hoffmann-La Roche Ltd (Switzerland), Pfizer Inc. (US), Alexion (US), Sanofi (French), Vertex Pharmaceuticals Incorporated (US), GlaxoSmithKline plc. (UK), Merck & Co., Inc (US), AbbVie Inc. (US)

The report of global orphan diseases market by Market Research Future comprises of extensive primary research along with the detail analysis of qualitative as well as quantitative aspects by various industry experts and key opinion leaders to gain a deeper insight of the market and industry performance. The report gives a clear picture of current market scenario which includes past and estimated future market size with respect to value and volume, technological advancement, macro economical and governing factors in the market. The report provides detail information about and strategies used by  top key players in the industry. The report also gives a broad study of different markets segments and regions.

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